Golden Minerals Company is pleased to announce the closing of its previously announced public offering of an aggregate of 6,000,000 shares of its common stock , Series A warrants to purchase up to 6,000,000 shares of common stock and Series B warrants to purchase up to 3,000,000 shares of common stock, at a public offering price of $0.70 per share of common stock and accompanying warrants. The Series A warrants have an [...]
Golden Minerals Company is pleased to announce the pricing of its public offering of an aggregate of 6,000,000 shares of its common stock , Series A warrants to purchase up to 6,000,000 shares of common stock and Series B warrants to purchase up to 3,000,000 shares of common stock, at a public offering price of $0.70 per share of common stock and accompanying warrants. The Series A warrants will have an exercise price of [...]
Golden Minerals Company announced today that it has filed an updated technical report for its Velardeña Properties. The report is entitled "Preliminary Economic Assessment Update NI 43-101 Technical Report of the Velardeña Project" with an issue date of August 18, 2023. The technical report is available for review on SEDAR at SEDAR+ - Landing Page and on the Company's website at [...]
Golden Minerals Company announced today that the NYSE American has accepted the Company's business plan to regain compliance with the continued listing standards set forth in Section 1003 of the NYSE American Company Guide. As previously disclosed, on June 6, 2023, the Company received written notice from the NYSE that the Company was not in compliance with Section 1003 which requires a listed company to have [...]
Golden Minerals Company announced today that an updated Technical Report has been completed as a Preliminary Economic Assessment for its Velardeña Properties . The TR is prepared as an update of a previous PEA dated March 1, 2022. The updated TR incorporates additional information developed by the Company since the 2022 report, including updated pricing and concentrate sales terms, and the exclusion of a bio-oxidation [...]
Golden Minerals Company has today released financial results and a business summary for the quarter ending June 30, 2023. Second Quarter Business Summary The Company announced in June that it intends to restart mining operations at its Velardeña Properties, pending obtaining sufficient financing, which is still in progress. Velardeña is a silver-gold underground mine property located in Durango State, Mexico that Golden [...]
Golden Minerals Company has reported production figures from its Rodeo gold-silver mine for the three- and six- month periods ended June 30, 2023. The Company concluded open pit mining at the Rodeo mine during the month of June and moved to processing of stockpiled material. Rodeo Operations Statistics Qtr. Ended Mar. 31, 2023 Qtr. Ended Jun. 30, 2023 Six Months Ended Jun. 30, 2023 Tonnes mined 154,371 72,525 226,896 [...]
Golden Minerals Company is pleased to announce that it has closed its previously announced registered direct offering for the purchase and sale of an aggregate of 1,427,587 shares of common stock at a purchase price of $1.45 per share in a registered direct offering. In a concurrent private placement, the Company issued unregistered warrants to purchase up to 1,427,587 shares of common stock with an exercise price of [...]
Golden Minerals Company is pleased to announce that it has entered into definitive agreements for the purchase and sale of an aggregate of 1,427,587 shares of common stock at a purchase price of $1.45 per share in a registered direct offering. In a concurrent private placement, the Company will issue unregistered warrants to purchase up to 1,427,587 shares of common stock with an exercise price of $1.90 per share which [...]
Golden Minerals Company is pleased to announce that Pablo Castaños will be joining the Company on July 1, 2023, serving in a newly-created role of executive vice president. Mr. Castaños brings to the Company more than 20 years of global and strategic leadership expertise, including twelve years in the mining industry, in positions focusing on strategic planning, finance, compliance, sustainability, government affairs and [...]
Golden Minerals Company today announced that on June 6, 2023, the Company was notified by the NYSE American LLC that it was not in compliance with one of NYSE American's continued listing standards as set forth in Part 10 of the NYSE American Company Guide . Specifically, the Company is not in compliance with Section 1003 of the Company Guide since it reported stockholders' equity of less than $6.0 million as of March 31 [...]
Golden Minerals Company announced today that it plans to restart silver-gold mining operations at its Velardeña Properties located in Durango State, Mexico, subject to the receipt of sufficient capital. Warren M. Rehn, Golden's President and Chief Executive Officer, stated, "I am very pleased to announce that Golden Minerals' board of directors has approved plans to restart mining operations at Velardeña. The decision to [...]